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Archive for September, 2013

Argan announces special cash dividend

In Maryland, Argan, Inc. announced that its Board of Directors declared a special cash dividend of $0.75 per share of common stock, payable November 7, 2013 to shareholders of record at the close of business on October 15, 2013.  Argan’s primary business is designing and building energy plants through its Gemma Power Systems subsidiary. These […]

September 25, 2013 More

Synthesis Energy System reports operating losses for both fourth quarter 2013 and year end 2013

In Texas, Synthesis Energy Systems announced  their fourth quarter 2013 and year end 2013 results. For Q4, SES reported an operating loss of $5.5 million versus an operating loss of $4.2 million for the same quarter in 2012. The operating loss for fiscal 2013 was $18.4 million compared to an operating loss of $18.3 million […]

September 25, 2013 More

Ecotechnologies leads €12m, third round funding effort for Fermentalg

In France, Ecotechnologies Fund led a €12m funding round for Fermentalg. According to an article on New Energy World Network, this was the third round, and included the existing investors, ACE Management, Demeter Partners, Emertec Gestion, and Picoty Algo.  Joining in the round were IRDI and Viveris. Fermentalg will reportedly use the funds for an […]

September 25, 2013 More

Credit Suisse Securities and Deutsche Bank to be joint book-running managers for Evogene IPO

In Israel, Credit Suisse Securities and Deutsche Bank Securities are the joint book-running managers for the proposed IPO of Evogene. Oppenheimer & Co. and Piper Jaffray & Co. are the co-managers.  A registration statement relating to these securities has been filed with the United States Securities and Exchange Commission (SEC) but has not yet become […]

September 25, 2013 More

BASF and Heritage Plastics form partnership to bring ecovio manufacturing to North America

In New Jersey, BASF announced that it has formed a strategic manufacturing partnership with Heritage Plastics to produce ecovio certified compostable products in North America. The partnership enables BASF to begin manufacturing ecovio biopolymers outside of Europe to better serve its customers and to further focus on growth in the rapidly developing North American market. […]

September 25, 2013 More

Concord Energy and Cool Planet Energy form JV for the Asia Pacific Region

In Singapore, Concord Energy has signed an agreement with Cool Planet Energy Systems to establish a joint-venture in the Asia Pacific Region. The JV will develop commercial production facilities for the conversion of non-food biomass into biofuels and soil enhancing biochar. Concord Energy has also made a financial investment in the Cool Planet. “We believe […]

September 25, 2013 More

New £6 million grant program launched in the UK

In the United Kingdom, the Department of Energy and Climate Change has launched a new £6 million grant funding program has been launched to help Local Authorities in England and Wales to develop new heating and cooling networks, and expand existing networks.  Energy and Climate Change Minister Greg Barker said: “Thanks to the Coalition Government’s support, […]

September 25, 2013 More

Empire State Development Board awards $1.5 million grant to Mohawk Valley Region – Oneida County project

In New York, the Empire State Development’s Board of Directors approved $16.6 million in funding for projects that will create more than 75 new jobs and retain nearly 700 jobs throughout the Empire State. One grant for $1,500,000 was awarded to GUSC Energy, who provides the steam and electricity to Griffiss Utility Services Corporation, which […]

September 25, 2013 More

Solazyme and Unilever Sign Commercial Supply Agreement for Tailored Algal Oil

Initial supply of 10,000 metric tons; takes up to 10% of capacity of new Solazyme Bunge project in Brazil. In California, Solazyme announced that they have executed a commercial supply agreement for the first partnered Solazyme Tailored Algal Oil. The companies have been collaborating for five years on multiple projects with increasing levels of success […]

September 25, 2013 More

Green Plains, greening the bottom line

In Nebraska, Green Plains Renewable Energy announced the pricing of its offering of $100 million aggregate principal amount of Convertible Senior Notes due 2018, upsized from a previously announced $75 million total. The Company has also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $20 million aggregate […]

September 18, 2013 More